An annual income statement for Bonus Realty, Inc. is shown below: Revenues Revenue from sales of goods and services $ 100,000,000 Operating costs and expenses: Cost of products and services sold $ 30,000,000 Selling expenses $ 3,000,000 Administrative expense $ 4,000,000 Total operating costs and expenses $ 37,000,000 Income from operations $ 63,000,000 Interest expense (corporate bonds & loans) $ 500,000 Non-recurring expense (Legal expenses/fines in settling a federal antitrust suit) $ 100,000 Income taxes $ 740,000 Net income $ 61,660,000 During this year of operation, Bonus Realty owned and occupied an office building in downtown Cleveland.For this year, the building could have been leased to other businesses for $3,000,000 in lease income.Bonus Realty also owned undeveloped land valued at $10,000,000. Owners of Bonus Realty can earn a 4% rate of return annually on funds invested elsewhere. Total implicit costs of using owner-supplied resources for Bonus Realty for this year are